Free Trial

RUSSIA: US Planning New Sanctions on Tankers Carrying Russian Oil

RUSSIA
  • The Biden administration plans to impose more sanctions on tankers carrying Russian crude, Reuters reports citing people with knowledge of the matter. The administrarion is planning to target tankers that carry Russian oil sold above the West’s $60 per barrel price cap.
  • Russia’s defense ministry vowed unspecified “retaliatory measures” after Ukraine launched US-supplied ATACMS missiles at the border region of Belgorod on Friday, Bloomberg report. Ukraine’s actions were supported by Kyiv’s “Western curators,” Russia said.
  • Meanwhile, Bloomberg also report that Ukraine appeared to launch a fresh offensive Sunday in Russia’s border region of Kursk, where Kyiv’s forces have held territory for several months.
  • There are no major data releases scheduled for today, or for the entirety of the week.
116 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • The Biden administration plans to impose more sanctions on tankers carrying Russian crude, Reuters reports citing people with knowledge of the matter. The administrarion is planning to target tankers that carry Russian oil sold above the West’s $60 per barrel price cap.
  • Russia’s defense ministry vowed unspecified “retaliatory measures” after Ukraine launched US-supplied ATACMS missiles at the border region of Belgorod on Friday, Bloomberg report. Ukraine’s actions were supported by Kyiv’s “Western curators,” Russia said.
  • Meanwhile, Bloomberg also report that Ukraine appeared to launch a fresh offensive Sunday in Russia’s border region of Kursk, where Kyiv’s forces have held territory for several months.
  • There are no major data releases scheduled for today, or for the entirety of the week.